The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Reading these paper headlines .. 'second wave across Europe', 'second wave coming to the UK'. Not sure how it can be called a second wave? If you suppress the virus by locking down you're not allowing the pandemic to run it's course. So any upticks are just the original wave carrying on.
If we went down the herd immunity route and experienced a peak and trough then a few months later had it again.. there's your second wave.
Why the BS?
Can you imagine the dash to sell shares if they ever get to 38p there be a meltdown.
The share price went to 38p a few weeks ago when you were not invested In Lloyds at the time Falkland investor
Still 4 months to go in 2020 so we may see 40p again quite easily. However, I have no doubt there will be highs and lows as we get good news on vaccines and bad news on our European counterparts absolute inflexibility on brexit.
I just cannot see 45p in 2020. If the DJI was not being propped up by the US then the FTSE would be a lot lot lower. At some point our American friends will run out of ideas to artificially inflate the value of their companies which in turn will affect the MC's of British companies.
The ignorance of many people is making a second wave inevitable and the government will turn to Banks once again to withhold shareholder cash should any profit be made. Hays Travel and DW sports announcing job cuts yesterday. Who will it be today. Many of those employees will be LLOY customers. Only growing job market I can see in the UK are for delivery drivers.
LLOY may well recover to the 30s but 45p? I am not trolling or wanting pi's to lose their hard earned cash but equally I wouldn't want inexperienced investors thinking that the share price is going to rise 60% this year when the full impact of Covid has yet to be realised.
Apple demanding half rent from UK retailers....it is a pitty we as consumers don't get a discount on there products, shall we say half price after all they are performing another split so share the love APPLE....
@ falkland
give it 6-12 months After that then life and
Economy will be as good as pre CV
Who are you kidding. Jobs losses are going to be huge, national debt at levels never seen before. Not forgetting Brexit. I worry for LLOY, purely retail will make it difficult to grow profits in a recession with a high chance of many people and businesses being unable to pay back loans. I think any recovery in share price will be many years off.
""give it 6-12 months After that then life and
Economy will be as good as pre CV era...dyor...imho""
No..., and unfortunately vast majority of civilians and leaders do not respect what C-19 is doing and imho the exponential have yet to be at it most devastating...
If you're furloughed you're still employed and being paid. I would be very surprised if you could claim unemployment benefits on furlough
David Barnes explains why he dusted off his buy button for these two dogs of the FTSE 100
https://www.fool.co.uk/investing/2020/08/03/why-i-just-bought-these-2-unloved-ftse-100-shares/
furlough will not be extended, the general feeling is that while it had been a good response some employers are extracting Micheal...it is time to take the hits as they say.
Investors see Lloyds as oversold
If you are furloughed after October then you are unemployed and should apply for benefits and look for another job. Is “furloughed” to become another word for unemployment?
Will the furlough be extended for some people? Good for the banks.
'France is extending until potentially 2022. Spain is looking at an extension all the way into next year, and so are Germany and Italy. And in this country the Chancellor is already coming under intense pressure to push out the end date at least for the hardest hit sectors of the economy.
Right around the world furlough schemes that allowed companies to park staff for a few months over lockdown are being allowed to run on for far longer than originally planned. It would be no great surprise if Rishi Sunak decided to do something similar.'
Nice day , buy at these bargain prices and put them in your bottom draw and wait , you will double your money or have a nice div when they start again , i would think sooner than later
g
''WHY THE EUFORRIA ''
I think some are happy to see Lloyds 6% up at close, with the half year results out of the way and a director purchasing a few shares also, giving people hope that better times are ahead.
I THINK WE HAVE SEEN RISES OF THIS AND EVEN GREATER MAGNITUDE ON ODD DAYS,WHY THE EUFORRIA ITS BEST NOT FORGET WITH STOCKS,ESPCIALLY LLOYDS THAT YOU GO UP BY THE STAIRS,AND DOWN BY THE LIFT. I WILL PLEASENTLY SURPRISED IF THIS SHARE IS ANYWHERE NEAR 30P ON CLOSE ON FRIDAY FOR SAME REASON OR OTHER, BROKERS SEEM TO ENJOY TRADING ON THIS HELTER-SKELTER. WHAT EVERYONE SHOULD DO I THINK IS DETERMINE YOUR BREAK EVEN PRICE, AND DECIDE WHETHER OR NOT YOU WILL BAIL OUT I SUSPECT THIS WILL GET TODAYS RISE INTO CONTEXT